More LNG News

Woodside pulls plug on JPP LNG hub

Apr 22, 2013

Woodside Petroleum Ltd. has decided against using the Western Australian government's James Price Point LNG hub for development of its Browse basin gas fields.

Puerto Rican authority plans FSRU scheme

Apr 19, 2013

Excelerate Energy, Houston, and Puerto Rico’s Electric Power Authority have filed a preliminary application with the US Federal Energy Regulatory Commission to install and operate floating offshore LNG regasification off the southern coast of Puerto Rico.

Rosneft, Marubeni sign agreement for joint oil, gas E&D

Apr 17, 2013

Rosneft and Marubeni Corp. signed a memorandum of cooperation covering possible joint oil and exploration and development as well as associated LNG project implement, the companies reported.

DOE, Alaska DNR to study Arctic unconventional energy resources

Apr 17, 2013

The US Department of Energy’s Fossil Energy Office and Alaska’s Department of Natural Resources agreed to work together along with potential investors to study unconventional energy resources in Alaska’s Arctic.

LNG17: Speakers urge industry toward more openness, cooperation

Apr 16, 2013

Calls for more and better cooperation between global LNG suppliers and market countries pervaded opening remarks from some of the world’s leading players at the first day of the 17th International Conference & Exhibition of Liquefied Natural Gas (LNG17), Houston. The 4-day event convenes every 3 years.

Woodside pulls plug on James Price Point LNG hub

Apr 12, 2013

Woodside Petroleum Ltd. has decided against using the Western Australian government’s James Price Point LNG hub for development of its Browse Basin gas fields.

Jordan works toward installing FSRU in 2014

Apr 8, 2013

Jordan’s Ministry of Energy & Mineral Resources (MEMR) earlier this month launched a tender for supply of LNG to the country.

Yamal LNG lets EPC contract

Apr 5, 2013

JSC Yamal LNG has let a contract for engineering, procurement, supply, construction, and commissioning on its planned 16.5-million tonne/year natural gas liquefaction plant to a consortium of France’s Technip and Japan’s JGC.

Fitch: US, Canada chemical companies lobby against gas exports

Apr 3, 2013

An alliance of US and Canadian chemical companies oppose increased natural gas exports and are lobbying against export permitting. Fitch Ratings believes operating margins for these companies might see compression from current robust levels if significant gas exports materialize.

FERC issues supplemental draft EIS for Downeast LNG project

Apr 2, 2013

The US Federal Energy Regulatory Commission’s staff has prepared a supplemental draft environmental impact statement for the proposed Downeast LNG project in Maine. Comments will be accepted until May 20, FERC said.

ExxonMobil, BHP plan floating LNG scheme for Scarborough

Apr 2, 2013

ExxonMobil Corp. and BHP Billiton plan to develop the 1979 Scarborough natural gas field discovery on the Exmouth plateau off Western Australia using floating LNG (FLNG) technology, the companies said.

Dominion Cove Point marks progress in LNG export project

Apr 1, 2013

Dominion, Richmond, Va., has reached three milestones in its Dominion Cove Point LNG liquefaction project, the company said Apr. 1. The site for the export plant will be at Dominion’s existing LNG import terminal in Maryland on Chesapeake Bay.

Chevron, Chubu Electric sign Wheatstone LNG agreements

Apr 1, 2013

Chevron Corp. has signed a binding long-term sales and purchase agreement with Chubu Electric Power Co. for Chubu to take 1 million tonnes/year of LNG from the Wheatstone project off Western Australia. The uptake will be for 20 years.

LNG UPDATE: Global LNG pricing evolves; supply, demand struggle toward balance

Apr 1, 2013

Global LNG faced a number of problems as 2013 began. All reflect industry's growing pains; none responds to easy solution.

GIIGNL: Net global LNG trade slides in 2012

Apr 1, 2013

Global LNG imports net of reloads last year reached 236.3 million tonnes, a 1.9% decrease vs. 2011 trade movements, according to a report from Paris-based Groupe International des Importateurs de Gaz Natural Liquefie (GIIGNL).

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